Ian Khan is a futurist who expects that blockchain, synthetic intelligence and the Web of Issues will merge collectively to create a wholly new sort of world.
He’s the inventor of the Future Readiness Rating, the writer of eight books and the chairperson of the Cash 20/20 fintech convention.
His first movie, Blockchain Metropolis, is far from an underground manufacturing. The 42-minute movie, which is out there on Youtube and Amazon Prime, is a businessy, optimistic and considerably sanitized tackle the business. It focuses decisively on piercing the nebulous idea of “blockchain expertise” whereas largely dodging the generally controversial phenomenon of cryptocurrency, selling blockchain as an environment friendly monitoring mechanism furthering the pursuits of “the institution.”
Khan’s positioning within the business is subsequently very a lot in distinction to the cypherpunk motion — the previous guard of the blockchain revolution.
These authentic torchbearers of the business weren’t desirous to see the expertise used to enhance governance programs however to bypass and successfully overthrow them by turning their outdated programs and processes towards them. Such an imagined technological overthrow is, nonetheless, unlikely to succeed with the likes of Khan advising governments on the best way to stop disruption by the use of future readiness.
At a elementary stage, Khan considers blockchain-based programs as “a technique to do issues in a greater manner.” The primary causes for this are the effectivity advantages derived from a community that confirms its personal accuracy, and the belief that no unauthorized person has been in a position to manipulate data.
Notably, he doesn’t give central reward to generally lauded themes like decentralization [away from governments] or the perceived advantages of on-line anonymity. As an alternative, he emphasizes how blockchains can be utilized by governments to raised safe personal data and forestall issues like id theft.
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— ACI Studying (@ACI_Learning) August 8, 2021
In the case of “the final 100 years off, how we’ve been doing enterprise,” for Khan, blockchain is “one thing that does issues higher in 1,000 other ways.” On the a part of enhancing authorities processes, “the effectivity half will come up because of the change of knowledge between authorities entities — unbelievable authorities companies will occur because of that.”
Again to the Futuracy
This discuss of effectivity and the longer term doesn’t come from a vacuum, as Khan runs a Toronto-based firm future-readiness enterprise referred to as Futuracy, which he describes as “an rising expertise educator” that has labored with firms and governments all over the world. The prolific writer can be a key determine within the Dubai GITEX expertise convention — such a key determine, that he was serving because the stage supervisor as I arrived to ship a keynote on the historical past of the blockchain motion on the occasion in mid-October. Whereas I used to be trying to the previous, his head was (and is) firmly sooner or later.
The agency creates a Future Readiness Technique for every shopper. These methods are tailor-made based mostly on the solutions to 200 questions put to the purchasers that are designed to disclose weak programs and processes which can be disrupted by advancing expertise. Relying on the size of the group, minor weaknesses can have outsize impacts.
“If there’s an inefficiency in authorities, widespread folks will endure,” he explains, noting the necessity for future-readiness evaluation in stopping disruptions to vital features similar to medical care and training — each of which have been impacted by the pandemic.
Khan can be different phenomena that guarantees to form the way forward for his purchasers, particularly the Future of Work and Artificial Intelligence The Next Frontier, each of them additionally titles of his two upcoming movies. For him, concepts similar to digitization, the Web of Issues, blockchain and synthetic intelligence aren’t standalone improvements. As an alternative, they’re related and it is just a matter of time till they mix and combine to type a wholly new tomorrow for the way in which governments, firms and establishments perform.
“It’s very simple to color the image the place we will discuss concerning the world that’s powered by AI that has blockchain in it,” Khan mentions casually as if the concept is by no means terrifying. It’s about effectivity, as AI-blockchain integration shall be “saving a number of time, vitality and energy,” and knowledge shall be much less prone to be stolen, in line with Khan.
Ideas from the longer term
A lot of Khan’s latest work has been in Dubai, a metropolis he says “is at all times making an attempt to do issues differently.” An early patron of the blockchain motion, “Dubai was one of many first international locations with a blockchain technique on the authorities stage,” Khan says.
Khan believes that one of the best ways for governments, giant firms and establishments to ease into the blockchain age is for them to offer all workers with an understanding of the expertise “whether or not they’re resolution makers or not,” as a result of if a corporation is to outlive in a altering surroundings, it has to “change into a studying entity.”
— Ian Khan Futurist (@IanKhanFuturist) August 23, 2021
The efficient technique to study new paradigm-shifting applied sciences like blockchain, in line with Khan, is to start out with examples of profitable technical implementation with the objective to “massively simplify the understanding of those massive big buzzwords, so that individuals can relate” to what the expertise is definitely able to and helpful for. In apply, this might imply investing in training programs — maybe starting with watching his movie.
Regardless of his emphasis on studying the fundamentals, Khan concedes there is no such thing as a want for everybody to have greater than a surface-level information. In any case, blockchains are horribly complicated, however the way in which we work together with them might be made lots easier. Simply as not all automotive customers want to know precisely how a combustion or electrical engine works, sooner or later it will likely be the “blockchain that’s caring for issues beneath the hood,” he says.
“All people must be on the fundamental minimal stage of understanding of expertise — it doesn’t matter in the event that they don’t work in the identical division. I believe training of fundamental expertise ideas and the worth it creates is vital.”
One other manner through which organizations, particularly governments, can harness the advantages of blockchain is to open up the ideation course of by giving as a lot artistic freedom to their folks as doable, so as “to provide you with concepts that may actually change the way in which they do issues.”
On this advantage, Khan provides particular reward to Estonia, a small European nation of just one.3 million, the place he says “there’s a whole lot of freedom to precise” one’s concepts to the very best ranges of resolution making. As a small nation with an enormous emphasis on expertise, as evidenced by the eResidency program making it simple for digital nomads to function companies from the nation, Estonia has solid a popularity as a digital hub.
The third manner, Khan says, is for organizations to repeatedly run small experiments and pilot initiatives “that show a degree,” even when there is no such thing as a apparent short-term profit or return on funding. As a first-rate instance, Khan brings up Zug, a Swiss metropolis of 30,000 which in 2016, adopted Bitcoin as an choice for paying metropolis permits. As a result of success of the experiment, Zug quickly became referred to as “crypto valley” as blockchain firms from all over the world opened workplaces there.
Kashmir to Canada
As an alternative of being a blockchain native, Khan is future-native. “I simply love studying this stuff and understanding them and serving to others perceive them,” he proclaims.
He was born on the Indian aspect of Kashmir, a area whose different half lies in Pakistan. There, Khan recollects that he grew to become curious about rising expertise on the age of six when he noticed a pc at college. “It was a BBC Micro hooked on to a black and white display screen that had Pac Man on, and my thoughts was utterly blown,” he recollects.
He studied engineering at Kuvempu College in southern India between 1995 and 1999, acquiring a diploma in software program on the similar time. Quickly after commencement, he moved to Bahrain the place he labored in a gross sales and advertising function within the vitality business, whereas additionally working in the direction of a diploma in journalism from the London Faculty of Journalism which he obtained in 2003. In 2007, Khan moved to Canada, the place he lives in the present day.
In Canada, Khan tried his hand at numerous aspect hustles, upon which he based Agnitio Options. He tried his hand at quite a few initiatives and startups over 4 years, till “I obtained into the publishing business and began a healthcare journal,” he recollects. In his free time, he continued to check, incomes a venture administration skilled certificates from Humber School in 2009 and a certificates in public relations from the College of Toronto the next yr.
Khan had the concept to make a documentary concerning the blockchain revolution in 2018, across the time that he attended the primary Future Blockchain Summit in Dubai, a part of the bigger GITEX expertise conference for which Khan serves as Sensible Cities Convention Chair. He noticed that, along with blockchain being extremely complicated to most individuals, “there’s a number of hype round it and there’s a number of misinformation round it,” he notes.
“The story must be informed that clarifies issues, brings some mild to the scenario and helps enterprise resolution makers, governments leaders and people perceive this expertise higher”
Blockchain Metropolis – The Way forward for Cities Pushed by Blockchain tells a “story of cities all over the world and their shift in the direction of being technologically powered by way of Blockchain.” Within the 2019 movie, he interviews representatives of varied governments who converse on the wonders of blockchain expertise and the alternatives it holds for making societal features extra environment friendly.
Consistent with his mantra of educating from real-life circumstances, blockchain use circumstances that have been introduced up embrace stopping over-fishing and baby trafficking. These examples of the subsequent stage of the digitization of governance infrastructure will help international establishments “be part of arms and take the subsequent steps collectively.”
Whereas Blockchain Cities largely avoids cryptocurrency, he has made a separate documentary titled The Bitcoin Dilemma on that topic. It’s technologically agnostic and impartial of any politics or ideology, which is understood to permeate the cryptocurrency business.
I just lately spoke to the BBC concerning the Worldwide Financial Funds (IMF) upcoming International Monetary stability report and its suggestions on Crypto. Additionally mentioned was my new documentary movie “Bitcoin Dilemma”, El Salvador’s Bitcoin adoption, and the ou…https://t.co/lBCKK5e6vV
— Ian Khan Futurist (@IanKhanFuturist) October 1, 2021